UN climate summit negotiations stall over finance deal for poorer nations

Negotiations at the UN climate summit in Baku, Azerbaijan, are stalled over a climate finance deal for poorer nations. The talks are set to extend beyond the scheduled end as countries remain divided on financial contributions and timelines. The Cop29 presidency has not provided a clear proposal for debate, leading to frustration among delegates. A draft text presented included two contentious options that many found unacceptable, highlighting a divide between developing and industrialized nations. Despite calls for compromise, significant differences persist. The UK and Brazil have consulted on key issues, but it remains unclear if their findings will influence a new draft. UN Secretary-General Antonio Guterres emphasized the need for a major push to reach an agreement.